MTECHTIPS:- MOTHERSUMI:- MOTHERSUMI is in HOLD SHORT position Share is in sideways and sellers was at high so for short term better buy above 370.6 or hold with stop at 352.15 The next resistance will be at 368.5 The oscillator is on SELL signal and share is coming down from overbought level.The short term sell signal is supported by 50 % indicators.
Intraday trend-Buy is advised only above 370.6 with a stop at 358.7 Below 355.2 go for sell and put stop at 367.1 The intraday signal is BUY and it is supported by 73 % indicators.